TOKYO -- The Japanese government is developing a new framework for helping foreigners who need emergency medical or other assistance. The move, spearheaded by the Ministry of Internal Affairs and Communications, comes at a time when record numbers of ... ( read original story ...)
Nikkei hits 14-month high on rising expectations for US rate hike
TOKYO, March 2 Japan's Nikkei share average hit a 14-month high on Thursday after Wall Street soared and the dollar gained on rising expectations the U.S. Federal Reserve will hike interest rates in March. The Nikkei gained 1.1 percent to 19,605.85 points ... ( read original story ...)
G20 finance heads seen keeping FX language intact – Japan ex-FX diplomat
TOKYO (Reuters) - Group of 20 finance leaders will likely refrain from making big changes to their commitment to resist currency wars at this month's meeting in Germany, despite U.S. President Donald Trump's rhetoric on exchange-rate policy, Japan's former ... ( read original story ...)
Japan bank consortium plan to use blockchain technology from Google-backed Ripple to make payments
A consortium of Japanese banks is planning to use distributed ledger technology — better known as blockchain — from a Google-backed fintech start-up to make domestic and international payments. Getty Images This follows a successful implementation of a ... ( read original story ...)
Comcast to Buy Remaining Stake in Universal Studios Japan
Comcast announced that its NBC Universal division is set to acquire the remaining 49% stake in Osaka-based Universal Studios Japan ... You may be curious about the buzz surrounding Snap Inc.'s IPO on March 2. With the company expected to be valued around ... ( read original story ...)
Bank of Japan Official: DAO-Style Problems Could Dampen DLT
An official from Japan’s central bank invoked failed ethereum project The DAO in a speech yesterday, suggesting that reoccurrences of such events could impede blockchain adoption. Speaking at a fintech forum hosted by the bank, Shigehiro Kuwabara ... ( read original story ...)
BOJ's Sato calls for raising yield targets flexibly
TOKUSHIMA, Japan Dissenting Bank of Japan board member Takehiro Sato said the central bank should be open to the idea of raising its bond yield targets before inflation hits its 2 percent goal, if improvements in the economy drive up long-term interest rates. ( read original story ...)
Mizuho Bank to open first local branch
Mizuho Bank, one of Japan’s largest financial institutions, will join Cambodia’s crowded banking sector by opening its first branch in the Kingdom next month, a bank executive said yesterday. The Japanese lender, which established a representative ... ( read original story ...)
Bank of Japan publishes bond buying plans to keep yields at 0%
The Bank of Japan published detailed schedules of planned asset purchases for the first time on Tuesday as it seeks to prove its commitment to a zero per cent cap on 10-year government bond yields. Japan’s central bank said it will buy a minimum of ¥1 ... ( read original story ...)
Japan applies AI to market surveillance operations
Tokyo Stock Exchange (TSE) and Japan Exchange Regulation (JPX-R) revealed that they have been reviewing artificial intelligence (AI) technologies developed by NEC Corporation and Hitachi to improve market intelligence operations. At present, surveillance ... ( read original story ...)
Tokyo stocks close higher after Trump speech
Tokyo shares rose Wednesday as investors breathed a sigh of relief that US President Donald Trump's speech to Congress did not deliver any unwelcome surprises, but it offered little new on his economic growth plans. Dealers were keen to see if Trump would ... ( read original story ...)
Japan will tell United States to respect WTO rules – PM Abe adviser
TOKYO (Reuters) - Japan will tell the United States in their economic talks that any border tax the U.S. government imposes on imports should not break World Trade Organization rules, an adviser to Prime Minister Shinzo Abe said on Wednesday. Yasutoshi ... ( read original story ...)
Who will win the world's biggest IPO?
"Our model shows that because of market liquidity needs and keeping (President Donald) Trump happy, they are going to list the biggest IPO in the U.S.," Kant said in an email to CNBC. Tokyo, Kant added, would likely be deemed too risky for the Saudis ... ( read original story ...)
Nikkei jumps as yen decline boosts exporters ahead of Trump speech
Japanese stocks rose on Wednesday as the yen weakened against the dollar, with investors awaiting U.S. President Donald Trump’s looming address to Congress for further catalysts. The Nikkei share average was up 1.1 per cent at 19,335.97. Trump’s ... ( read original story ...)
Nikkei edges up, mood cautious before Trump's speech
TOKYO Feb 28 Japan's Nikkei share average edged up on Tuesday after U.S. stocks rose, but gains were limited as the market awaited a speech by U.S. President Donald Trump for details of his infrastructure spending and tax plans to Congress. The Nikkei rose ... ( read original story ...)
Japanese banking giant opens branch
Tokyo-based Mizuho, one of largest banks in Japan, is to open a branch in Cambodia in response to rising investment from the world’s third-largest economy in the kingdom. Mizuho received an operating license from National Bank of Cambodia (NBC) early ... ( read original story ...)